Location |
Douala |
Founded |
2001 |
Trading Days |
Wednesdays |
Time Zone |
West Africa Time (+1:00) |
Trading hours |
9:00 – 11:00 |
Companies listed |
3 |
Market Capitalization |
1.8 billion francs |
Currency |
Central African franc (XAF) |
Official Page |
www.douala-stock-exchange.com |
Source:[Douala Stock Exchange]
Douala Stock Exchange engages in stock exchange transactions and functions within the territory of the Republic of Cameroon. It trades in, and sells stocks, shares, bonds, and other investment products to public. It operates through three divisions: Officially Listed Shares, Officially Listed Loan Notes and Debt Instruments, and Unlisted Securities. The Officially Listed Shares division is for shares voluntarily introduced onto the market, either by the issue of new shares or by the transfer of a part of the companies’ capital to public ownership. This division consists of two subdivisions: Large Companies, and Small and Medium-Sized Companies. The Officially Listed Loan Notes and Debt Instruments division consists of ordinary bonds, which is divided into two divisions: Private Companies Bonds and Government or Treasury bonds (or other public organization). The Unlisted securities division consists of stocks and bonds of unlisted companies and negotiable government stocks and securities. It also offers financial products, such as stocks and shares, and les bonds. The company was founded in 2001 and is based in Douala, Cameroon.